Speedster71 on Nostr: I think if you are borrowing fiat to buy more bitcoin you need to use something else ...
I think if you are borrowing fiat to buy more bitcoin you need to use something else as collateral that can’t be called in less than one bitcoin cycle. For example a HELOC or the cash value of a whole life insurance policy.
Published at
2025-01-16 20:01:23Event JSON
{
"id": "811fa6372db0350697ac556c2b3e2b98ee8bb0b9abd44560055547a3240286a5",
"pubkey": "8e5276ced91f1d734aba38bea38a7a82354e3b83a2fafcf85992869c7009624e",
"created_at": 1737057683,
"kind": 1,
"tags": [
[
"e",
"efeea46d28b773f8bcedddcd0c77af1766400a8f7560ce50f908852de292b509",
"wss://relay.0xchat.com",
"root"
],
[
"p",
"db506a8997fdddca7c82f00368f799ba05d4e923fe217e0de26e72fbafb18763"
]
],
"content": "I think if you are borrowing fiat to buy more bitcoin you need to use something else as collateral that can’t be called in less than one bitcoin cycle. For example a HELOC or the cash value of a whole life insurance policy. ",
"sig": "b9f57ced0d065d5c0c07fc8a1701582457345e07c0b3f50e1bc95591d54f5618f738fc77af609e61a61f34cf40ae86dcd394980448564a2a6ccac508d4c67c6b"
}
